Monthly Archives: March 2017

Southern Nevada Home Prices and Sales Rise in February

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The Greater Las Vegas Association of REALTORS® (GLVAR) reported Tuesday that Southern Nevada home prices and sales continued to increase despite a shrinking housing supply. According to GLVAR, the median price of existing single-family homes sold during February through its Multiple Listing Service (MLS) increased to $240,000, up 0.8 percent from January and up 8.9… Read more »

Most Las Vegas Tourism Indicators Trending Up in January

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The January Executive Summary of Tourism Indicators is out from the Las Vegas Convention and Visitors Authority (LVCVA). Most of the stats are trending up on a year-over-year basis: Visitor volume is up 1.1% Traffic at McCarran International Airport is up 3.5% Clark County gaming revenue is up 14.3% Room rates are up 3.7% and… Read more »

Nevada Among 4 States with Gross Receipts Tax

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The latest analysis by the Tax Foundation is out, comparing rates across the 44 states that have a corporate income tax. However, Nevada is gray on the map, because along with Ohio, Texas, and Washington, we instead levy a gross receipts tax (which we call the Commerce Tax). While there are some deductions, the structures and… Read more »